BNY Mellon, the US-based banking giant, is planning to target American expatriates in Hong Kong, its president has told the South China Morning Post, citing the difficulties these expats have in finding non-US banks willing to have them as clients.
QROPS industry officials expressed relief over today's anticipated announcement by HM Revenue & Customs concerning how they are to handle transfers of pensions into qualifying recognised overseas pension schemes.
Swiss-based international investor Hansa Aktiengesellschaft (Hansa) has entered into an agreement to acquire specialist fund manager SVG Investment Managers from SVG Capital, although the company's existing funds will be run as before.
Blacktower Financial Management Group is establishing an office in Malta, as it expands its footprint eastward across the Mediterranean.
Baltimore-based Legg Mason has chosen to wind down boutique subsidiary Esemplia Emerging Markets, which had about $500m in assets and employed 25 people.
HM Revenue & Customs has published a list of its most wanted tax criminal fugitives, the second year it has done so.
A small majority of IFAs believe financial advisers are perceived negatively by consumers, according to recent research, with this number rising significantly in some places, particularly in Asia.
The Supreme Court of Queensland has ordered the LM Investment Management First Mortgage Income Fund to be wound up.
Today‚ as Singapore celebrates its 48th birthday as an independent country‚ Helen Burggraf reports on a new novel set there that may be Singapore’s answer to Bonfire of the Vanities and Noble House
As investors start worrying about the broader outlook for fixed income assets, a more global and flexible approach to fixed income investment has seemed warranted.
The deVere Group has closed its offices in Cyprus and Luxembourg, and is now looking after its clients in these markets from its Financial Conduct Authority-regulated UK office, a company spokesman has confirmed.
Standard Life made an operating loss before tax of £6m in the first half of this year within the wholly owned portion of its Asia and emerging markets business.
